Western Copper rolls back Casino permitting plans to 2025
Western Copper and Gold (TSX: WRN; NYSE: WRN) is planning to delay the submission of a key environmental permitting document for its Casino project in Yukon in the wake of…
Copper
Arizona Sonoran Copper PEA quadruples Cactus project’s net present value
Company shares jumped 35% Thursday after a new preliminary economic assessment envisioning Arizona Sonoran Copper’s (TSX: ASCU; US-OTC: ASCUF) Cactus project as a standalone open-pit mine raised the net present…
US Strategic Metals lines up potential US$400M loan for Madison cobalt project
US Strategic Metals has lined up a potential loan package of up to US$400 million to redevelop the former Madison cobalt mine in Missouri. The Export-Import Bank of the United…
TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Video: Magna Mining starts bulk sampling at Crean Hill near Sudbury
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is starting a 20,000-tonne bulk sampling program at its Crean Hill nickel project in Ontario’s Sudbury Basin for processing at Glencore’s (LSE: GLEN) Strathcona…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Glencore to pay US$152M in bribery case
Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
Video: Chakana Copper aims to grow Soledad resource, CEO says
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) aims to expand its initial Soledad copper, gold and silver resource in Peru to 10 million tonnes before wrapping an economic study around it,…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta
At a time when most copper projects are struggling with soaring capital costs, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide project in Chile’s Atacama Desert to break the mould…